Thank you very much for the update.  I agree better planning likely would have made a difference.  I’m surprised they didn’t consider any other available options since it’s an advisor that they have used for many years.  Yes, the assumption is correct as it relates to prior years regarding social security being paid to the son until he reached 18.  As for how it was invested prior, that I will need to dig into further as the 1099-R is for 2024 from life insurance (Code 6).